Government spokesman Gabriel Sakellaridis sounded the alarm on Monday, saying that while Athens intended to meet all its payment obligations, including nearly 1 billion euros to the IMF in May, it needed fresh funds before the end of the month. "The Greek government is not waiting until the end of May for a liquidity injection. It expects this liquidity to be offered to the Greek economy as soon as possible." In a sign of Greece's increasingly frantic efforts to secure relief, Deputy Prime Minister Yannis Dragasakis will travel to Frankfurt to hold talks with European Central Bank President Mario Draghi on Tuesday, a government official said. With lenders ruling out fresh aid until Athens implements all required reforms, Greece is hoping progress in negotiations will pave the way for the ECB to permit Greek banks to buy more short-term treasury bills, easing the government's cash crunch.
By Gopal Sharma KATHMANDU (Reuters) - Nepali police and local volunteers found the bodies of about 100 trekkers and villagers buried in an avalanche set off by last month's devastating earthquake and were digging through snow and ice for signs of dozens more missing, officials said on Monday. The government began asking foreign teams to wrap up search and rescue operations, as hope of finding people alive in the rubble receded. If they are also specialists in clearing the rubble, they can stay," Rameshwor Dangal, an official at Nepal's home ministry, told Reuters on Monday. "Local volunteers and police personnel are digging through six-feet (deep) snow with shovels looking for more bodies," said Gautam Rimal, assistant chief district officer in the area where Langtang is located.
LOS ANGELES (AP) — Big surf kept rolling ashore Monday along south-facing sections of the Southern California coast after bodysurfers challenged the towering waves over the weekend and lifeguards were kept busy pulling people from the water.